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0 0 0.00265251989389927 -0.00265251989389915 0.00795755968169768 -0.0238726790450928 0.0172413793103448 0.0238726790450929
Stock impact report

G1 Therapeutics and Pepper Bio sign license agreement for lerociclib [Seeking Alpha]

G1 Therapeutics, Inc. (GTHX) 
Last g1 therapeutics, inc. earnings: 2/26 04:01 pm Check Earnings Report
Company Research Source: Seeking Alpha
Pepper Bio will gain exclusive rights to develop, manufacture, and commercialize lerociclib for all indications except for certain radioprotectant uses in the US, Europe, Japan, and all other global markets, excluding the Asia-Pacific region, which G1 has already licensed to Genor Biopharma. G1 Therapeutics and Pepper Bio will collaborate closely to ensure a seamless transition and advance the development of lerociclib through clinical trials and regulatory approval processes. Under agreement, G1 is expected to receive upfront payments totaling mid-single-digit millions within 12 months and is eligible to receive a maximum of $135M upon achievement of development and commercial milestones in up to three indications. In addition, Pepper Bio will pay G1 a double-digit royalty on aggregate annual net sales of lerociclib. Recommended For You More Trending News Recommended For You More Trending News Show less Read more
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